According to the Ministry of Petroleum, Bahram Salavati said at the signing ceremony of the Memorandum of Understanding between the Gas Engineering and Development Company and the Caspian Oil Company: “Iran Gas Engineering and Development Company is the executive arm of the National Gas Company and its executive projects in matters Pipelines, booster stations, gas storage wells and tanks, telecommunication projects, building installation projects, pressure control stations and other parts related to the implementation are carried out by the Gas Engineering and Development Company.
He added: “Storage tanks have been added to the projects of the Gas Engineering and Development Company for several years, and we are happy that we were useful and the storage plan was formed.”
The CEO of Gas Engineering and Development Company said about gas storage, which is due to the balance in the country’s natural gas consumption: This is because in the cold season of the year, in case of problems in natural gas pipelines, these storage tanks can be replaced. So that there is no problem for the stability of the country’s gas.
“There are about 600 storage tanks in the world, which can store a total of 400 billion cubic meters of gas,” Salavati said. In our country, there is currently a capacity of about 3.25 billion cubic meters and about 30 billion cubic meters are extracted from these reservoirs.
He emphasized: “We hope to be able to increase the capacity of the country’s natural gas reservoirs to 6.5 billion cubic meters by 1402 by implementing various storage projects, which has been planned.”
The CEO of Gas Engineering and Development Company, referring to the signing of a memorandum of understanding to advance the Ghezeltepeh reservoir development project, said: The contractor and consultants of this project were selected in June 1998 and its operational work has begun and a rig has been installed. Tomans and 11.5 million Euros.
Salavati added: “The project has progressed about 20 to 30 percent so far, which was slowed down due to international sanctions, but we predict that this project will be completed in November 1400.”